Process Control System
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $535217
Net Profit / Cash Flow $113229
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Inventory 60000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 2 week transition.
Reason for Sale Lack of capital.
Description A Massachusetts based solutions provider has developed a wireless automated internet based system that monitors crop conditions and controls water pumping stations and wind machines used in various agricultural applications, including frost protection and crop irrigation. The system uses advanced wireless sensors to continuously monitor remote weather, wind and soil conditions and systematically applies water or wind as needed. The system is accessed over the internet and allows the customer to set and change temperature, soil condition, wind speed, etc. parameters as needed. The system was developed in 2003, is fully tested and debugged, and has been successfully installed in over 150 locations. The company is working off high gross profit margins and needs assistance in productizing, marketing and distribution. Cost savings to the end user are immediate and measurable in reduced labor hours, fuel consumption, water usage, and the increased quantity and improved condition of the crops.
The system is scalable to many markets and applications, including fruit growers, vineyards, and the agriculture community, municipalities, and any weather, wind or water control application. Realistic sales projections for just one agricultural sector alone exceed $10 million.
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